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22.04.2018

Article

Petrobras Receives Bids for Natural Gas Pipeline Network

Petrobras has received three bids for a natural gas pipeline network as part of a wider push to raise cash through divestments, said people with knowledge of the matter.

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21.02.2013

Article

Offshore Production in Bauna Oilfield Starts

Petrobras taps into the Baúna field in the Southern Santos Basin of the coast of Brazil: The company has just started production from a subsea well at the Floating Production Storage and Offloading Unit (FPSO) Cidade de Itajaí. Starting with some 12,000 barrels per day, productio...

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08.01.2013

Article

Offshore Oil Production in Santos Basin, Brazil, Kicks Off

Petrobras announced the start of commercial oil production in the Sapinhoá field in the Santos Basin pre-salt formation, off the coast of Brazil. On January fifth, the platform Cidade de São Paulo started to produce oil and natural gas from the field's BM-S-9 block.

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30.11.2012

Article

Petrobras Cuts Plans for Deepwater Exploration Drillings of Brazil

Brasil's oil giant Petrobras reduces its exploration activities: The company has cancelled rocess of contracting five leased ultra-deep water drilling rigs from the Ocean Rig Group. It seems that the company has sufficient productive wells in the area...

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18.10.2012

Article

Petrobras Offshore Drillings Confirm Quality Oil in Pre–Salt of Santos Basin, Brazil

Extension drillings of the coast of Brazil have confirmed the presence of good quality oil in the pre-salt of the Santos Basin reservoirs. Results obtained confirm the presence of light oil in the Carioca region, which had already been confirmed by other wells, company speakers a...

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31.07.2012

Article

Brazilian Oil and Gas Production Remains Stable

Brazil's oil and gas industry remains on course: The country's largest oil company Petrobras announced an average oil and natural gas output of 2,583,415 million barrels of oil equivalent per day (boed) for June 2012, roughly the same as for the previous months.

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13.02.2012

Article

Petrobras Profits From Rising Oil Sales in Brazil

With oil sales in Brazil increasing by 9% on 2010, Petrobras books a R$62.246 billion (US $ 36.246) cash flow in 2011. Also the output of oil and natural gas increased, although only slightly.

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23.01.2012

Article

Petrobras Announces Record Oil Production in Brazil

With new wells going on–stream on Brazil's oil fields, the semi–public Petrobras scores record outputs. Foreign operations, nevertheless, suffer from a current decrease in consumer markets, namely in Bolivia.

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